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Global Economy in 2012 may be worse: IMF Chief 23 December 2011
In its World Economic Outlook report, the IMF projected that global economy would grow 4 percent in 2012. As the debt crisis in the euro area worsened and decision making in major advanced economies becoming more uncertain, the world economy...
Keywords: major advanced economies International Monetary Fund Olivier Blanchard international financial institution, effective collaboration Lagarde, Global Meltdown, Global Economy in 2012
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New tax reforms against global economy? 14 February 2013
Speaking of the new proposals of tax reforms by the Obama administration, Anand Sharma, the commerce and industry minister, said that such measures if implemented could be counter productive since they would create newer barriers and deepen recession. Obama's government...
Keywords: obama tax reforms, off shore earnings, tax reforms,
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Global economy heading for another downturn: RBI 25 January 2012
The global economy seems to be headed for another downturn after just three years. The recovery is likely to lose traction due to the continuing euro area debt crisis,” RBI Governor D. Subbarao said in a statement. Reserve Bank of...
Keywords: global financial markets, global financial markets, recent geo-political uncertainty, monetary policy
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High rate of denial of H-1B, L-1 visas to Indians: report 10 February 2012
The denial rate for India-born applicants for new L-1B petitions rose from 2.8 per cent in Fiscal Year 2008 to 22.5 per cent in FY 2009, a substantial increase that resulted in many employers being unable to transfer their employees...
Keywords: US Citizenship and Immigration Services, nationals of other countries, nationals of other countries, skilled professional
Read More Rupee breaches 63 16 December 2014
Indian Rupee is continuing its downfall against dollar and on Tuesday morning, it breached Rs 63 for the first time since November 13, 2013. The Rupee is under severe pressure as the emerging market currencies are running into steep losses...
Keywords: Police Rate, Indian Rupee, RBI police rate, Indian Rupee
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PM returns home after attending G20 summit 05 November 2011
Prime Minister Manmohan Singh on Saturday returned home after attending the crucial two-day G-20 summit in Cannes, which asked tax havens to adopt prudential norms for sharing of information to check money laundering and terror funding. Dr. Singh on Friday...
Keywords: twoday visit, cannes summit, Prme Minister Manmohan singh, cannes summit
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Gold prices cheaper than 15 months ago 15 April 2013
Gold Prices today hit a new low falling Rs 1,250 per 10 grams in one day on Saturday. After further fall The 2.95% fall has resulted in the price of Rs 27,100 reaching a figure that gold was associated 15...
Keywords: gold price next week, gold price next week, gold price next week, gold prices
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Illiteracy costs India over $ 5,300 crore a year 18 April 2012
Literates constituted 74 per cent of the total population in India aged seven and above, and illiterates form 26 per cent, as per the provisional data of the 2011 census. World Literacy Foundation pointed out in its report titled 'Economic...
Keywords: functional illiteracy, global economy, developing countries, World Literacy Foundation
Read More Cybercrime costs unreasonable for the global economy 23 July 2013
A study released on Monday brought into prominence that cybercrime undergoes expenditure for the global economy between US$100 billion and US$500 billion (S$127 billion and S$633 billion) annually. The study known to have acknowledged more data is needed for precise...
Keywords: cyber spying, james lewis, csis scholar, business data theft.
Read More High rate of denial of H-1B, L-1 visas to Indians: report 10 February 2012
The denial rate for India-born applicants for new L-1B petitions rose from 2.8 per cent in Fiscal Year 2008 to 22.5 per cent in FY 2009, a substantial increase that resulted in many employers being unable to transfer their employees...
Keywords: global economy, work-related visas, US immigration authorities, nationals of other countries
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Business confidence declined: CII survey 30 January 2012
Stagnation in investment plans had emerged as a key concern in the current macro-economic scenario. The survey further reveals that firms have reported a slowdown in sales, new orders, production and pre-tax profits in Q3 2011-12 as compared to Q2...
Keywords: domestic and international investments, high interest rates, CII survey, external commercial borrowings
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